Wall Street’s ‘Short Termism’ Misses the Point
Beating earnings estimates quarter after quarter doesn't have much to do with long-term shareholder value.
The Best Path Forward
CFOs blend new and old techniques in a quest for capital budgeting solutions that allow more flexibility.
Is a Higher Valuation Multiple Always Better?
They're great for investment bankers and sellers, but lower valuation multiples are associated with greater shareholder return.